There are quite a few more questions that need answers to. How much do you plan to spend on the home? How much are you going to put down? Bedrooms?...Baths?... I will be happy to talk to you about your move. Contact me at MJBudzius@aol.com. Have a great day!
As for the rent being above the mortgage? Absolutely. If you put enough money down when purchasing the home. And being a second home, you will need to put much more down and there are only certain loans in which you will be able to obtain. FHA/VA loans will be out of the question.